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EUR/USD extended its yesterday’s drop as risk aversion, spurred by the FOMC statement, continues to affect the Forex market. The fundamentals today weren’t very bad, actually, as jobless claims decreased and leading indicators rose.

Initial jobless claims decreased to 423k from 432k in the week ending September 17. The actual value was …

EUR/USD rose today for the second day as the European Central Bank announced it will lend dollar to the bank of the Eurozone, reducing concerns about liquidity. There was plenty of macroeconomic data from the US, but it was rather confusing. Consumer prices, current account and industrial production signaled about recovery …

EUR/USD posted a biggest drop in a month today as European Central Bank President Jean-Claude Trichet said that the ECB policy makers “expect the euro area economy to grow moderately, subject to particularly high uncertainty and intensified downside risks”. (Event A on the chart.) Market participants speculated that such words mean the ECB …

EUR/USD extended its slump for the third day as US manufacturing expanded last month, while it was expected to decline, and jobless claims decreased last week. As for negative news, construction spending didn’t rose as was predicted, but showed a noticeable drop.

Initial jobless claims (seasonally adjusted) decreased to 409k …

EUR/USD today moved sideway before the GDP report. The currency pair began to rise after the report showed that the US economy in the second quarter of this year grew with slower pace than was expected. Yet EUR/USD slumped after Federal Reserve Chairman hinted about possible increase of stimulus …

EUR/USD tumbled today as inflation in the US accelerates, while concerns about the debt problems in Europe persist. US leading indicators also rose. Yet there were plenty of bad news for the United States. Jobless claims rose and existing home sales fell. Manufacturing was particularly bad, as manufacturing index of Philadelphia …

EUR/USD was rising from the beginning of today’s trading session, but about 8:45 GMT it started decline that continues to the present time. The currency pair has got a small boost from the report that showed an increase of the US trade balance deficit, but the rally failed almost as soon as it …

The dollar fell against the euro today, as the positive employment report from the US decreased the risk-aversion among the traders, and pulled funds away from the ”safe haven” dollar.

Nonfarm payrolls report in the US showed a 117k gain in July, following 46k gain in May (revised positively from 18k). The median forecast for this …

The EUR/USD pair increased today after a pending home sales report was released in the United States. Overall, the day was still quite bearish for the currency pair. It’s now trading near 1.4312.

Initial jobless claims decreased significantly during the week ending July 23 and were at 398k — down from …

EUR/USD jumped today after at the European Union summit a draft was devised, that should made a period of default in Greece as short as possible and would prevent the sovereign-debt crisis from spreading to other European nations. Today’s macroeconomic data showed that US manufacturing is regaining its footing, while unemployment …